The government decided to set up 50 new low-cost airports this year and 50 next year in order to boost civil aviation sector and increase air connectivity to Tier-II and Tier-III cities and also able to deliver on timeframe given by prime minster, said K.N. Srivastava, Secretary, Ministry of Civil Aviation at an ASSOCHAM conference held in New Delhi.
Industry Analysis
Growing tall with material efficiency
Going vertical is becoming more and more relevant for today’s growing housing need. Growing vertical, however, involves architectural research and innovation to cope with the possible challenges
Faltering road sector gets due attention, though challenges remain
As NHAI and state governments has planned to award sizeable road projects, developers and contractors are hoping for good; however, with many developers facing stretched liquidity, the industry is likely to witness consolidation and exits in the near future
Real estate: golden goose for NRIs
As the rupee price is falling, NRI and foreign investors are perceiving Indian real estate sector as a feasible investment opportunity
Sand ban: for the sake of nature
Ban on sand mining due to environmental concerns is adversely affecting the real estate sector, as sand is a major building material for construction. ACE Update highlights the current status and suitable alternatives available
Despite challenges, ceramic tiles to grow
With the opportunities in the sector, customers are getting exposed to better design and technology and variety which they didn’t know that it existed in industry and get exposed only when they wish to purchase a new home--Subrata Basu, AVP Marketing, Nitco Ltd
Crushing & screening equipment market: making it through troubled times
An analysis on the crushing and screening equipment market where several leading industry experts shared their views
PEB industry: standing strong with immense scope
The Indian pre-engineered steel buildings market is experiencing robust growth fuelled by infrastructure development and the increasing popularity of PEB systems in the industrial sector
India among top 20 global real estate investment markets: Cushman & Wakefield
According to Cushman & Wakefield’s latest report International Investment Atlas, the global property investment market recorded a modest 6 per cent rise in activity during 2012 with volumes reaching $929 billion